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Jeollanamdo Expands Export Items as Korea – China FTA Draws Near

한중 FTA 가시화, 전남도 수출 농수산식품 늘린다

Jeollanamdo Expands Export Items as Korea – China FTA Draws Near

 

Jeollanamdo has reportedly decided to expand export items to 15 categories worth 1 million dollars by 2018 as the passing of the Korea – China Free Trade Agreement draws near.

According to the Jeollanamdo Oceans Fisheries Science Institute, the annual damage expected in Jeollanamdo once the Korea–China FTA passes is estimated to be around 350 to 530 billion won.

In response, Jeollanamdo is working on discovering and developing export items customized for Chinese importers.

Jeollanamdo-grown fisheries goods exported to China include sea cucumbers and pseudosciaena crocea or fish with golden belly that is popular in China.

In preparation for the Korea–China Free Trade Agreement, which is expected to bring major damages to the regional farming industry, Jeollanamdo will also reportedly prepare measures to develop and cultivate strategic farming and fisheries goods that are likely to gain popularity in China

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